This property has business rights and registered as a business. Buyers should not worry about rezoning. A house was converted into Batchelor Flats. In all there are 20 rooms, including a spaza shop. There are 5 toilets and 4 showers. Rental income is R36k. A borehole has just been sunk on the property to cut down on the water bill from the municipality. Tenants pay for their own electricity as each room has its own meter. All rooms are occupied as there is a high demand for accommodation since there is Johannesburg University campus about 200m away as well as an FET college close by. This property is close to a busy road with all forms of transport including buses and taxis. Business is booming in the area as it is bordering Johannesburg cbd, close to Elis Park stadium, Hillbrow clinic,
Johannesburg hospital, Hillbrow Police station. The list of the amenities is endless. This is a must view for aspiring businesspeople.
Read more...